What will you do if bitcoin crash?

[Oilacris]

It looks like Bitcoin will not crash now. But since you want to know how you would be if bitcoin crashes now. I'm not currently invested much in bitcoin so if bitcoin crashes now it probably won't affect me too much. But there are a lot of people who have invested a lot in bitcoin and have sold their wealth and land to invest in bitcoin. So before investing in any site, you must think about the positive and negative aspects of that site.

Even though its hard to believe about speaking on crashing of Bitcoin but still it isnt something that we could really assure that it wont really be happening 100%.Nothing do last forever but somewhat if

we do look on how Bitcoin is been mainly been supported and this is why its really that hard to believe that it could happen but somewhat its never that been that bad to think about probabilities.

If it do goes below $100 or lower then there's something wrong with it, people wouldn't really be just flocking out if there would be no major issues that had been raised or
been known.This is why its never been that good on making yourself that getting assured on something which is not.

[1715225395]

1715225395

[1715225395]

1715225395

[turneps]

Bitcoin is unlikely to collapse completely, as many people still see the value of this currency, but it is difficult for Bitcoin to rise again at the high price it used to be. If Bitcoin crashes, I probably won't invest any more money in crypto.

What do you mean by "collapse completely"? Do you mean Bitcoin to lose its value at all? Well, I don't see any reason that Bitcoin to lose its value, it just decreases its value because of the bearish season. When the bullish season returns, the price of Bitcoin will come back to the previous season (like the season in 2021). The price of Bitcoin even can be bigger than the last ATH ($68k-$69k). People predict that Bitcoin price probably reaches $100k in the next bullrun season (2024-2025). So, why do you assume the price will be difficult to be as big as previously? 

Bitcoin is unlikely to collapse completely, as many people still see the value of this currency, but it is difficult for Bitcoin to rise again at the high price it used to be. If Bitcoin crashes, I probably won't invest any more money in crypto.

As you say, many people still believe and see the value of bitcoin, so why be pessimistic that bitcoin will never rise again? There is no proof or indication that bitcoin will not rise again, and if you also invest in bitcoin, don't be too pessimistic, it's not in your favor.

I agree that investing in bitcoin is risky but we should trust our choice. If you can't take risks, your whole life will never be successful, even if you engage in any other investment or business activities. Where there is a risk, there is always opportunity.

For me personally, Bitcoin is the king of the crypto market, just like the collapse of Luna had a huge impact on the market. This is just hypothetical if Bitcoin crashes, then I think other cryptocurrencies and the whole market will crash, so I won't invest anymore.
Actually, I personally still believe and bet on Bitcoin, I also think like you, believe that long-term investment will bring quite high returns.

[Davian144]

For me personally, Bitcoin is the king of the crypto market, just like the collapse of Luna had a huge impact on the market. This is just hypothetical if Bitcoin crashes, then I think other cryptocurrencies and the whole market will crash, so I won't invest anymore.
Actually, I personally still believe and bet on Bitcoin, I also think like you, believe that long-term investment will bring quite high returns.

Why do you equate Luna with Bitcoin in terms of falling prices in the market? Even though in general, Bitcoin and Luna are very much different and should not be compared in any way. Because the fall in the price of Luna is the effect of the developer Luna being not good and also not being consistent in making Luna better, while Bitcoin, which experienced a fall last year, was caused by other things that did have a bad impact on all markets.

Examples include wars and the crash of the FTX exchange which makes everyone panic and sell more in order to secure their assets in another form. So don't equate Luna's fall with Bitcoin's fall, it's similar because Luna's fall has no effect on the entire crypto market, while Bitcoin's fall has always been very influential for other cryptocurrencies in the market.

[summonerrk]

If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment. There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shoot down and now he does not have a cottage. So I ask again if bitcoin crashed today what will be your description rich or poor?

I hope that this will never happen, because the market is very balanced - as soon as the price falls, demand increases. And hence the chance of buying Bitcoin. I am not afraid if the bitcoin price rate collapses - I have a fairly high technical qualification, plus I sell paintings. Only it will be sad, because cryptocurrencies are freedom.

[justdimin]

For me personally, Bitcoin is the king of the crypto market, just like the collapse of Luna had a huge impact on the market. This is just hypothetical if Bitcoin crashes, then I think other cryptocurrencies and the whole market will crash, so I won't invest anymore.
Actually, I personally still believe and bet on Bitcoin, I also think like you, believe that long-term investment will bring quite high returns.

That's not even a guess, it's a fact. If bitcoin crashes then all of the other coins will crash as well and there is no way around it, the crypto market as a whole would look terrible.

I do not believe that it will though, I think bitcoin already crashed and this is all it can do, there is no scenario where bitcoin is gone, it's going to be here as long as we live and I think it's quite important to know that difference as well, going down a lot like we did in 2022 and going down to nothing are two very different things and I believe that we are not going to be nothing. However, I agree that if we ever do, it will be bad news for every single coin.

[rby]

If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment. There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shoot down and now he does not have a cottage. So I ask again if bitcoin crashed today what will be your description rich or poor?

If bitcoin crashes today, I'll buy more bitcoin at cheap and discounted price. The crash of bitcoin is an opportunity to make millionaires. Not a misery. Anyone investing in volatile assets should invest what they are able to lose. I don't want to read the crap that people sold their properties and invested all in a platform that is not even a bitcoin platform.

[Raflesia]

For me personally, Bitcoin is the king of the crypto market, just like the collapse of Luna had a huge impact on the market. This is just hypothetical if Bitcoin crashes, then I think other cryptocurrencies and the whole market will crash, so I won't invest anymore.
Actually, I personally still believe and bet on Bitcoin, I also think like you, believe that long-term investment will bring quite high returns.

That's not even a guess, it's a fact. If bitcoin crashes then all of the other coins will crash as well and there is no way around it, the crypto market as a whole would look terrible.

I do not believe that it will though, I think bitcoin already crashed and this is all it can do, there is no scenario where bitcoin is gone, it's going to be here as long as we live and I think it's quite important to know that difference as well, going down a lot like we did in 2022 and going down to nothing are two very different things and I believe that we are not going to be nothing. However, I agree that if we ever do, it will be bad news for every single coin.

This scenario has happened several times and even some of us have actually experienced it at least once or twice with quite severe crashes but now we can still survive in this scope and actually make ourselves more confident after the several crashes we have experienced.
I think when it happens again and again it will still be the same as always I will still be in crypto and enjoy it. nothing has changed about it.

[ivankoh]

If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment.

The mainstay of cryptocurrency is Bitcoin.  A lot of people have invested in Bitcoin, including owners of various big organizations and outsiders, including this Bitcoin forum.  If this Bitcoin crashes then the only way for billions of people will be death.  Normally you'd think that the drop in bitcoin price would have led to thousands of people getting in the way and portfolios getting lighter.  If the Bitcoin market crashes, billions of people will commit suicide.  People invest 50 to 60 percent of their income in Bitcoin.

If this bitcoin crashes when I say my own, I will surely die.  I can never bear to lose my wealth.

Bitcoin is just money, it's not everything, without it we will have another way to make money, there are many ways to make money, not only bitcoin. It is foolish to put all your trust or bet your fate on something, even if it is not bitcoin. I also invest a lot in bitcoin and crypto, but I will still smile if it crashes one day. I am not stupid enough to place my life and that of my family in a volatile asset and uncertain future.

I agree.  I think we all love and respect bitcoin, its freedom and dynamics, its positivity and what is most familiar when it comes to using, learning about, investing in bitcoin.  But at least we should not consider bitcoin a gamble, not a financial gamble to play a gamble with the desire to get rich quick.  Some people are abusing bitcoin as a game, it gives the wrong meaning to bitcoin.  Anyway, it's just a hypothesis with an "if" and excessive rhetorical deductions are completely meaningless.

[Xampeuu]

For me personally, Bitcoin is the king of the crypto market, just like the collapse of Luna had a huge impact on the market. This is just hypothetical if Bitcoin crashes, then I think other cryptocurrencies and the whole market will crash, so I won't invest anymore.
Actually, I personally still believe and bet on Bitcoin, I also think like you, believe that long-term investment will bring quite high returns.

That's not even a guess, it's a fact. If bitcoin crashes then all of the other coins will crash as well and there is no way around it, the crypto market as a whole would look terrible.

I do not believe that it will though, I think bitcoin already crashed and this is all it can do, there is no scenario where bitcoin is gone, it's going to be here as long as we live and I think it's quite important to know that difference as well, going down a lot like we did in 2022 and going down to nothing are two very different things and I believe that we are not going to be nothing. However, I agree that if we ever do, it will be bad news for every single coin.

This scenario has happened several times and even some of us have actually experienced it at least once or twice with quite severe crashes but now we can still survive in this scope and actually make ourselves more confident after the several crashes we have experienced.
I think when it happens again and again it will still be the same as always I will still be in crypto and enjoy it. nothing has changed about it.

for bitcoin, there are indeed many people who are looking forward to buying at a low price, because it is indeed the most trusted coin by most people in the crypto world. this is different from other altcoins if there is a crash, of course many people will be wary of it, and don't make it an opportunity. this is the difference with bitcoin, when there is a crash of course it becomes a buying opportunity. because the cycle is like that, there will be recovery again and new ATH will form

[GigaBit]

If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment. There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shoot down and now he does not have a cottage. So I ask again if bitcoin crashed today what will be your description rich or poor?

I like to invest in Bitcoin because i dream of long term investment. No one will be harmed by investing in Bitcoin if he is encouraged to invest long term. I know the Bitcoin price could go down further but i am not worried because i know its value will gradually increase. An investor should know this currency well before investing. People who believe in Bitcoin don't worry about Bitcoin. Moreover, everyone knows the history that Bitcoin belongs. It is the most volatile currency in the world so its rapid fall and rise will have no major effect. I will try to widen the holding arm if there is a big crash in Bitcoin.

[AnonBitCoiner]

bitcoin is consider as the king of all cryptocurrency token and there is no possibility that this token will collapse because they have a bright future. Although the future is not known and no one have any idea about coming time but all are familiar with the past that there are certain reduction in price of bitcoin in certain years but they never collapse and become increase again after the unfavorable conditions.

People have different concepts but my concept is that using overall money in crypto trading does not sound good as all you know that crypto price is changeable so it will collapse your money.

Always focus on minimum price trading in tokens even if it is bitcoin. Selling home and something other for trading and making investment is a foolish idea in my opinion. Just make a little amount of money and start trading with that money if you win then probably your money will automatically get double so you can start with more money rather than selling a home.

[Flexystar]

That's called as contigency question and you should always have a contigency plans for exactly similar situations. Anything like this happens, I an still good to go with my life and what I do today out of crypto space. Nothing much really will happen if bitcoin goes zero someday because I am not surviving on the bitcoin, I am actually saving it so that I can have some good profits in the near future and I might use that money to fulfil my richie rich dreams or may be have leisure time for myself with my family. However, it does not mean I won't have it if I dont have bitcoin because that is just being from the passive income. I am working professional, I have salary which I save, invest, keep some money aside for my daily routines and expenses. Life would be still normal if bitcoin ever collapses.

If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment. There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shoot down and now he does not have a cottage. So I ask again if bitcoin crashed today what will be your description rich or poor?

If bitcoin crashes today, I'll buy more bitcoin at cheap and discounted price. The crash of bitcoin is an opportunity to make millionaires. Not a misery. Anyone investing in volatile assets should invest what they are able to lose. I don't want to read the crap that people sold their properties and invested all in a platform that is not even a bitcoin platform.

I think what OP meant is, what would you do if bitcoin just vanishes like that and does not have an existence anymore. Anyways, if bitcoin just crashes we all know what to do. Get more, hodl and wait for the down wave pass on so that everyone can have more in the form of fiat itself.

[MusaPk]

Bitcoin gives you good return but there are some risks also associated with Bitcoin investment. As an investor I must be ready for both gain and loss. We cant predict about future but the point where bitcoin is standing at the moment tells the story that its very much mature now. If you are investing in Bitcoin then first thing you need to do is overcome the fear that bitcoin will cease to exist in future. If you have this fear with you then better not to invest in bitcoin.

[livingfree]

If bitcoin crashes today, I'll buy more bitcoin at cheap and discounted price. The crash of bitcoin is an opportunity to make millionaires. Not a misery. Anyone investing in volatile assets should invest what they are able to lose. I don't want to read the crap that people sold their properties and invested all in a platform that is not even a bitcoin platform.

I thought of the same plan, I'll buy more then.

While the others will for sure abandon bitcoin because they think that it's no longer going to recover. We've seen this countless times that it has recovered no matter how low it may get.

And about my situation, I was able to produce other assets with my profits through bitcoin. That's what I do, I don't spend it on worthless things but I do spend it another income generating asset.

[albon]

I ask again if bitcoin crashed today what will be your description rich or poor?

Bitcoin investors and traders know the rule (invest in what you can lose well), so even if the value of Bitcoin crashed, and this is unlikely because Bitcoin showed flexibility and solidity and overcame many complex events during the previous years, its holders will not be poor because they have already lost money over their needs and bet on it in Bitcoin, the value of Bitcoin or any other currency can be crashed, and this is normal in this volatile market, and it can happen due to global and regulatory events and market demand, so Bitcoin is, yes, the safest currency in the market and the most popular, but we must not forget to evaluate and manage risks and invest our funds wisely, and even if something happens, we can hold on again.

[RockBell]

If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment. There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shoot down and now he does not have a cottage. So I ask again if bitcoin crashed today what will be your description rich or poor?

First and foremost, bitcoin is not a ponzi scheme through which you can get rich quick. Since most people find it difficult to tell the difference between the two, your mind may be wandering to the point of believing that bitcoin will crash. The annoying part is that people never learn because we are all so desperate and never certified as humans always looking for cheap opportunities.

[tiCeR]

For me personally, Bitcoin is the king of the crypto market, just like the collapse of Luna had a huge impact on the market. This is just hypothetical if Bitcoin crashes, then I think other cryptocurrencies and the whole market will crash, so I won't invest anymore.
Actually, I personally still believe and bet on Bitcoin, I also think like you, believe that long-term investment will bring quite high returns.

That's not even a guess, it's a fact. If bitcoin crashes then all of the other coins will crash as well and there is no way around it, the crypto market as a whole would look terrible.

I do not believe that it will though, I think bitcoin already crashed and this is all it can do, there is no scenario where bitcoin is gone, it's going to be here as long as we live and I think it's quite important to know that difference as well, going down a lot like we did in 2022 and going down to nothing are two very different things and I believe that we are not going to be nothing. However, I agree that if we ever do, it will be bad news for every single coin.

Right it already had its crash if we talk about major price declines. Of course it could go lower from here, but I agree that a crash like losing another 60 - 70% from here is not likely. There could be unexpected events though that nobody knows about yet, of course, otherwise they wouldn't be unexpected.

But all the bad indicators that the market has discovered to potentially have a negative impact on the price should also be priced in by now already. Regulation is always an issue, but I think if any important government would have planned something bad that also could come into effect shortly, the market would know about it and react accordingly. Since nothing is waiting just around the corner that could be considered horrible news, I expect the price to be sort of stable.

[romero121]

If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment. There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shoot down and now he does not have a cottage. So I ask again if bitcoin crashed today what will be your description rich or poor?

First and foremost, bitcoin is not a ponzi scheme through which you can get rich quick. Since most people find it difficult to tell the difference between the two, your mind may be wandering to the point of believing that bitcoin will crash. The annoying part is that people never learn because we are all so desperate and never certified as humans always looking for cheap opportunities.

Agreed, once people had such a thinking. Slowly that had faded away and people have begun to understand the reality of bitcoin and its need. Crash is part of any investment, so we need to keep ourselves prepared to meet the worst. This will keep ourselves on the safer side in all critical circumstances. Apart, better understanding and learning is a must. The wrong understanding too lands people into scam projects and experience loss as we were able to see good number of projects with the name bitcoin added to it.

[crypticj]

If bitcoin crash today, what will be your fate?

It will be a great beginning of the wealthy life for us bros cos we will get a chance to buy bitcoin CHEAP. So the only answer to all questions like "what would you do if bitcoin will go down" is that we will buy it.
And it can't die anyway so it's impossible for bitcoin to crash to 0, its value in its technology.

[bitgolden]

First and foremost, bitcoin is not a ponzi scheme through which you can get rich quick. Since most people find it difficult to tell the difference between the two, your mind may be wandering to the point of believing that bitcoin will crash. The annoying part is that people never learn because we are all so desperate and never certified as humans always looking for cheap opportunities.

Agreed, once people had such a thinking. Slowly that had faded away and people have begun to understand the reality of bitcoin and its need. Crash is part of any investment, so we need to keep ourselves prepared to meet the worst. This will keep ourselves on the safer side in all critical circumstances. Apart, better understanding and learning is a must. The wrong understanding too lands people into scam projects and experience loss as we were able to see good number of projects with the name bitcoin added to it.

Crash is actually not just a natural part of it, but also a benefit to you if you know what you are doing. If you invest accordingly, any crash could be the main reason why you got rich. You have some money right now? Invest and wait for the bull run and when that happens you are going to turn a few thousand dollars into millions of dollars.

First bitcoin will make you a lot of money, then other coins will, and then from your profits you could invest into many tiny small things and could turn that money into a huge wealth. I am not saying that it is a guaranteed method, of course many lose because of this, but crash could at least give you a chance to try this.